Reliance Industries, under the leadership of Billionaire Mukesh Ambani, has stirred excitement among the business sector and cryptocurrency fans with the introduction of Jio Coin. The tech arm of Reliance, Jio Platforms, has teamed up with Polygon Labs to introduce Web3 technology in India. However, the company has remained tight-lipped about the specifics of its new digital reward token.
Jio Coin is touted as India's indigenous digital currency, yet the company has not disclosed detailed features or applications of the coin, which has piqued public interest.
According to the FAQ section from Reliance, “JioCoins are blockchain-based reward tokens that users can earn by interacting with various mobile or internet applications as determined by Jio Platforms Limited (JPL) using their Indian mobile numbers.”
As per data from “Wallet Investor”, on May 21, 2025, the price of a single Reliance JIO coin stood at Rs 26.886124. The market capitalization for this digital currency is Rs 47,227,021, with a circulating supply of 1,908,130 tokens. The site did not provide details on the 24-hour trading volume or the percentage change in the last day.
In our previous report dated May 16, 2025, the price for one Reliance JIO Token was Rs 26.026066, with a market cap of Rs 45,716,280 and the same token supply, according to “Wallet Investor”.
Media reports indicate that Jio Coins can be utilized for various activities, such as mobile recharges and shopping discounts. Users can earn JioCoins through several Jio applications, including Jio Sphere, Jio Mart, Jio Cinema, and My Jio.
Steps to Earn:
Users can also accumulate JioCoins simply by using the JioSphere web browser on their devices, whether it be an Android phone, iPhone, Windows PC, or MacBook. Additionally, Jio apps like JioSphere, Jio Mart, Jio Cinema, and My Jio offer opportunities to earn Jio coins.